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Bank guarantee

Contract between a bank as guarantor and a beneficiary in which the bank commits itself to pay a certain sum under certain, specified conditions. Thus, a demand guarantee is one in which the bank agrees to pay against the simple written demand of the beneficiary.

News On Bank guarantee
Guj NRE Coke: Outcome of board meeting

27-01-2016| Source:Moneycontrol.com

Gujarat NRE Coke at its meeting held on January 27, 2016, have approved to issue upto 3,31,85,000 Equity Shares of Rs. 10/- each to ICICI Bank Ltd against liability towards corporate guarantee

Tata Power Renewable Energy raises Rs 425 crore via NCDs

23-01-2016| Source:PTI

"Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of the company, has issued and allotted guaranteed, unsecured, non-cumulative, redeemable, taxable, listed, rated, non

IndiaFirst Life enters pension space, launches retirement plan

12-01-2016| Source:PTI

IndiaFirst Guaranteed Retirement Plan is a non-linked, participating, endowment, deferred pension plan. This plan is for customers who are conscious to plan for their retirement and want to remain

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